The "Silver Iron Pentagon Air Force" entered a nearly 20 million ETH short position and placed an equally sized sell order above $2180 to short the market.

BlockBeats News, April 1st, according to Hyperinsight monitoring, in the past half an hour, the "Silver Iron Head Air Force" whale, who is focused on shorting, opened a 20x leveraged ETH short position with an average price of $2136, holding 9353 ETH, equivalent to about $19.92 million, with an unrealized profit of $60,000 (6%).

At the same time, the address has set up sell orders in the $2180 to $2300 price range, planning to add approximately $20 million in short positions in batches if the ETH price reaches that range, in order to further suppress the price with a higher average price. The total potential short position size for the two rounds will be close to $40 million.